REALLY Completes Seed Round Financing to Launch Decentralized Mobile Network Service
It is reported that REALLY, a decentralized mobile network service provider, announced the completion of $18 million seed round financing, led by Polychain, an…
It is reported that REALLY, a decentralized mobile network service provider, announced the completion of $18 million seed round financing, led by Polychain, and participated by Mike Maples Jr., the founding partner of Floodgate, and other strategic partners. It is reported that REALLY will launch a new telephone service supported by the decentralized mobile network (DeWi).
REALLY announced the completion of US $18 million seed round financing
Interpretation of the news:
Decentralized mobile network service provider, REALLY, has completed an $18 million seed round financing led by Polychain and with participation from strategic partners such as Mike Maples Jr., the founding partner of Floodgate. REALLY plans to launch a new telephone service supported by the decentralized mobile network (DeWi).
This announcement marks an impressive achievement for REALLY as it positions itself to disrupt the mobile network industry with its decentralized approach. With a decentralized mobile network, individual users will be able to connect directly to each other without the need for an intermediary service provider. This allows for greater privacy, secure data transmission and reduced costs for end-users.
Polychain’s lead in the seed round demonstrates the growing interest in blockchain-based mobile networks. Polychain is a well-known blockchain-focused investment firm that has invested in successful projects such as Dfinity and Polkadot.
The participation of Floodgate’s founding partner Mike Maples Jr. potentially opens doors for future strategic partnerships and provides insight into the investment potential of REALLY. Maples’ previous investments include companies like Twitter, Lyft, and Twitch. His investment style favors companies with the potential for rapid growth and innovation, characteristics that REALLY seems to fit.
With this seed round financing, REALLY can now focus on launching its decentralized mobile network service. The launch of the new telephone service supported by DeWi is expected to provide users with added benefits such as cost savings on calls and heightened data privacy. REALLY has the potential to reshape the mobile network industry by providing users with a decentralized option that favors privacy, security, and reduced costs.
In conclusion, this announcement of a completed seed round financing by REALLY marks the beginning of an exciting phase for the company. With the support of Polychain and strategic investors such as Mike Maples Jr., REALLY seems to be backed by the right people to propel it into a future of decentralized mobile networks. The launching of the new phone service underpinned by DeWi is an exciting development that could shake up the mobile network industry.
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